Assistant Manager / Manager

Role & responsibilities

Audit Planning and Execution

• Plan and execute comprehensive audits of banks and NBFCs in accordance with auditing standards and regulatory requirements.
• Conduct risk assessment and develop audit programs to address key audit risks and objectives.
• Perform detailed testing of financial transactions, controls, and processes to ensure accuracy and compliance.
• A strong eye for detail is essential in auditing to ensure accuracy and completeness in reviewing financial records and identifying discrepancies or irregularities.

Regulatory Compliance

• Review and assess compliance with regulatory requirements, including banking regulations, RBI guidelines, and accounting standards.
• Stay updated on regulatory changes and updates affecting the BFSI sector and incorporate them into audit procedures.
• Provide recommendations to clients for enhancing compliance and mitigating regulatory risks.

Financial Analysis and Reporting

• Analyze financial statements, including balance sheets, statement of profit & loss, and cash flow statements, to identify anomalies, trends, and areas for improvement.
• Prepare detailed audit reports highlighting findings, recommendations, and observations for management and regulatory authorities.
• Communicate audit results and insights effectively to clients, addressing any concerns or queries they may have.

Stakeholder Management

• Interact with key stakeholders, including senior management, audit committees, regulatory authorities, and client personnel, to discuss audit findings and recommendations.
• Build and maintain strong relationships with clients, demonstrating professionalism, integrity, and expertise in auditing.

Preferred candidate profile

Qualifications

• Qualified Chartered Accountant with 5 to 10 years of audit experience in the BFSI sector, with a focus on banks and NBFCs.
• In-depth knowledge of auditing standards, regulatory requirements, and accounting principles relevant to the banking and NBFC industry.
• Proven experience in planning and executing audits, including risk assessment, testing, and documentation.
• Strong analytical skills with the ability to interpret complex financial data and identify audit issues and opportunities.
• Strong problem-solving skills to address issues efficiently and propose effective solutions.
• Excellent communication and interpersonal skills, with the ability to interact effectively with clients and colleagues.
• Ability to work independently and as part of a team, managing multiple engagements and deadlines effectively.